Matrix Service Co (Matrix Service Co) Momentum Rank : 3 (As of Apr. 28, 2024)

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What is Matrix Service Co Momentum Rank?

Matrix Service Co has the Momentum Rank of 3.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Matrix Service Co's Momentum Rank

For the Engineering & Construction subindustry, Matrix Service Co's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Matrix Service Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Matrix Service Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Matrix Service Co's Momentum Rank falls into.

Matrix Service Co Momentum Rank Related Terms

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Matrix Service Co (Matrix Service Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Matrix Service Co (NAS:MTRX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MX2:Germany MX2:Germany

Address

15 East, 5th Street, Suite 1100, Tulsa, OK, USA, 74103

Website

https://www.matrixservice.com

Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities and Storage and Terminal Solutions.

Executives

Justin D Sheets	officer: Vice President, Legal & Risk	5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
James Harry Miller	director	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John R Hewitt	officer: President & CEO	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Douglas J Montalbano	officer: President, Matrix NAC	15 EAST 15TH STREET, SUITE 1100, TULSA OK 74103
Shawn P Payne	officer: President, Matrix Service	5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Bustamante Jose Luis M.	director	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD., IRVING TX 75039
Kevin A Durkin	officer: VP BUS DEVELOPMENT MSI	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John D Chandler	director	ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Kevin S Cavanah	officer: VP - Accounting & Fin Report	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Carlin G. Conner	director	6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Nancy E Downs	officer: Vice President/Human Resources	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Joseph F Montalbano	officer: VP / Chief Operating Officer	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Glyn A Rodgers	officer: President, Matrix PDM Eng	5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Alan R Updyke	officer: President, Matrix Service	5100 EAST SKELLY DRIVE, SUITE 500, TULSA OK 74135
Rick J Bennett	officer: VP & Chief Information Officer	5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135